Ben goes back to the accounting firm that he initially quit, only to decide to quit again as soon as he sees his office. In discussing his motivation, he talks about how he wants to do something meaningful with his life, but then he realizes the benefits of being an accountant including stability and above average pay.
See more: compensating differentials, labor, non-pecuniary factors, preferences, types of income, utility
Ben’s been offered a job with a local accounting firm, but he isn’t as excited about the commute or the carpeting in the office. Leslie recommends that if he isn’t in love with the idea of working there then he should take some time to consider other options. The non-pecuniary aspects of jobs are important in the decision to accept employment.
See more: compensating differentials, labor, non-pecuniary factors, opportunity costs, types of income, unemployment
Ben and Chris come into town from Indianapolis to help cut the town’s budget because of their pending financial situation. Ben suggests firing Leslie to relieve some of the spending associated with the inflated budget, but Ron describes how valuable Leslie is to the department and how she’s worth her salary. He basically argues that her marginal productivity vastly exceeds her salary despite making the second largest salary in the department.
See more: derived demand, government shutdown, government spending, marginal product, marginal revenue product, total wage bill, types of income, value
Economics of Parks & Recreation 